Announcement on Dividends Forecast Revision for the Fiscal Year Ended March 31, 2016
Tokyo Electron Ltd. (Tokyo Electron) announced the year-end dividends forecast for the fiscal year ended March 31, 2016 has been revised as stated below.
The formal resolution of the year-end dividends for the fiscal year ended March 31, 2016 is planned at the Board of Directors' meeting held on May 12, 2016.
1. Reason for Dividends Forecast Revision
The dividend policy of Tokyo Electron is to link dividend payments to business performance on an ongoing basis. Tokyo Electron adopted the new shareholders returning policy from the fiscal year ended March 31, 2016 and provided returns directly to shareholders with the basic policy that is to maintain a payout ratio of around 50% based on consolidated net income attributable to owners of parent.
Tokyo Electron announced the financial results for the fiscal year ended March 31, 2016 today. Based on the results, Tokyo Electron also revised the year-end dividends forecast for the fiscal year ended March 31, 2016.
2. Dividends Forecast Revision
| Dividend per share | |||||
|---|---|---|---|---|---|
| (Yen) | 1Q-end | 2Q-end | 3Q-end | Year-end | Total |
| Previous forecast (October 27, 2015) |
－ | － | － | 94.00 | 219.00 |
| Revised forecast | － | － | － | 112.00 | 237.00 |
| Results for the year ended March 31, 2016 | － | 125.00 | － | ||
| Results for the year ended March 31, 2015 | 10.00 | 30.00 | 35.00 | 68.00 | 143.00 |
